SOLD
Sold on 06 Dec 2023 for $257,000

3/57 Bank Street
Traralgon VIC 3844

Bedrooms: 2
Bathrooms: 1
Car spaces: -
Floor area: 53m2
Land area: 139m2
Sold By
Colin Gooding
First National Real Estate Latrobe
Racquel Dickson
First National Real Estate Latrobe
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Property Details for 3/57 Bank St, Traralgon

3/57 Bank St, Traralgon is a 2 bedroom, 1 bathroom Unit and was built in 1960. The property has a land size of 139m2 and floor size of 53m2. While the property is not currently for sale or for rent, it was last sold in December 2023. There are other 2 bedroom Unit sold in Traralgon in the last 12 months.

Building Type
Unit
Year Built
1960
Floor Size
53m2
Land Size
139m2
Local Government
Latrobe
Lot/Plan
3/PS708935

Last Listing description (January 2024)

This functional unit offers sensational value for those looking for a first home or the next investment property to add to the portfolio. Features include;

- 2 Spacious bedrooms, both direct access into the bathroom.

- Open concept light-filled lounge with gorgeous timber floorboards.

- Well-appointed, space-saving kitchen with electric cooking and adjacent meals area.

- Combined bathroom/laundry with stand-up shower, single vanity, toilet and space for a washing machine and dryer.

- Comforted by split system heating and cooling throughout.

- Outside offers a great backyard with space for a BBQ and a front yard with neat and tidy gardens creating great curb appeal.

- Currently leased at $360 per week brining in a very good rental return

Situated on an approx. 139m2 block walking distance to the CBD, this one is not worth missing! Contact Simon Burns today on 0421 333 114 for more information or to book an immediate inspection.

Property History for 3/57 Bank St, Traralgon, VIC 3844

A timeline of how this property has performed in the market
Last Sold
$257,000
06 Dec 2023
Listed for Rent
$360/w
30 Oct 2023
  • 06 Dec 2023
    Sold for $257,000
  • 07 Sep 2023
    Listed for Rent $360 / week
  • 04 Feb 2023
    Listed for Rent $360 / week
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About Traralgon 3844

The size of Traralgon is approximately 56.3 square kilometres. It has 78 parks covering nearly 4.3% of total area. The population of Traralgon in 2011 was 23,834 people. By 2016 the population was 24,924 showing a population growth of 4.6% in the area during that time. The predominant age group in Traralgon is 20-29 years. Households in Traralgon are primarily couples with children and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Traralgon work in a professional occupation. In 2011, 69.5% of the homes in Traralgon were owner-occupied compared with 68.8% in 2016.

Traralgon has 15,162 properties. Over the last 5 years, Houses in Traralgon have seen a 62.97% increase in median value, while Units have seen a 55.07% increase. As at 30 September 2024:

  • The median value for Houses in Traralgon is $518,149 while the median value for Units is $320,225.
  • Houses have a median rent of $450 while Units have a median rent of $360.
There are currently 99 properties listed for sale, and 6 properties listed for rent in Traralgon on OnTheHouse. According to CoreLogic's data, 645 properties were sold in the past 12 months in Traralgon.

Suburb Insights for Traralgon 3844

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.